Tungsten News

Tungsten News
The Average Price of Hubei Scheelite Concentrate Rose in March 2025 5

Recently, according to the Hubei Provincial Department of Natural Resources website, in March 2025, the average price of 65% scheelite concentrate in Hubei was 139,821 yuan/ton, up approximately 11.75% year-on-year; 60% scheelite concentrate averaged 138,821 yuan/ton, up about 11.40% year-on-year; APT (ammonium paratungstate) averaged 208,060 yuan/ton, up approximately 12.26% year-on-year; and tungsten carbide powder averaged 307,429 yuan/ton, up about 12.14% year-on-year. According to CTIA GROUP LTD, in March 2025, the tungsten market experienced a tug-of-war in prices due to tight…

Tungsten News
China Rare Earth’s Revenue Was 700 Million Yuan in the First Quarter of 2025 7

In the first quarter of 2025, China Rare Earth reported revenue of 728 million yuan, up 141.32% year-on-year; net profit attributable to shareholders was 72.62 million yuan, up 125.15% year-on-year; non-recurring profit-adjusted net profit was 66.22 million yuan, up 122.83% year-on-year; net cash flow from operating activities was -119 million yuan, up 76.46% year-on-year; basic earnings per share were 0.068 yuan, up 125.14% year-on-year; total assets at the end of the reporting period were 5.293 billion yuan, down 3.51% year-on-year;…

Tungsten News
China Rare Earth’s Revenue Was 3 Billion Yuan in 2024 8

In 2024, China Rare Earth reported revenue of 3.027 billion yuan, down 24.09% year-on-year; net profit attributable to shareholders was -287 million yuan, a decline of 168.69% year-on-year; non-recurring profit-adjusted net profit was 145 million yuan, down 158.65% year-on-year; net cash flow from operating activities was 594 million yuan, down 271.65% year-on-year; basic earnings per share were -0.27 yuan, down 163.94% year-on-year; total assets at the end of the reporting period were 5.486 billion yuan, down 0.92% year-on-year; and equity…

Tungsten News
Tungsten Prices Surge Continues – April 28, 2025 11

Analysis of Latest Tungsten Market from Chinatungsten Online On Monday, tungsten prices continued their upward trend. The raw material side maintained a strong bullish sentiment, with downstream tungsten product prices passively following the rise, though overall demand feedback remained weak. The tungsten market showed a mix of optimism and caution, with a slow pace of transactions. Coupled with the complexity of the macroeconomic environment, participants largely adopted a cautious stance. The price of 65% black tungsten concentrate surpassed RMB 150,000/ton.…

Tungsten News
Molybdenum Market Update – April 27, 2025 18

Molybdenum market update on April 27, 2025 The domestic molybdenum market has maintained a stable and relatively strong operating trend. With downstream demand still low in the desire of raw material manufacturers to lower prices and ship shipments, the prices of most products continue to rise slightly, among which the prices of molybdenum concentrate and ferromolybdenum rise by about 30 yuan and 3,000 yuan respectively. In the molybdenum concentrate market, the market performance is stable, and the product price is…

Tungsten News
Rare Earth market Update – April 27, 2025 21

Rare earth market update on April 27, 2025 The overall performance of the domestic rare earth market is poor. Under the interweaving of long and short factors, the price trends of mainstream light and heavy rare earth products have slightly differentiated: the center of gravity of praseodymium and neodymium continues to decline, while the price of dysprosium terbium is relatively stable. Today, the prices of neodymium praseodymium oxide and neodymium praseodymium metal have decreased by approximately 3,000 yuan per ton…

Tungsten News
Latest Prices of Tungsten Concentrate and Tungsten Carbide Powder 14

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices have temporarily entered a sideways consolidation phase, and the tight support on the supply side of the market is still strong. The industry is watching the implementation of consumer demand, and the atmosphere of caution is strong. As the short holiday approaches, the willingness to purchase and stock up in the market is affected by the fear of heights, and the trading activity has further slowed down. The psychological price…

Tungsten News
Molybdenum Market Update – April 25, 2025 53

Molybdenum market update on April 25, 2025 This week, the domestic molybdenum market in China maintained an overall upward trend. In addition to price increases for many molybdenum products, both trader participation and actual transaction volumes improved. Positive factors include: first, significant price declines in the previous one to two weeks heightened suppliers’ profit awareness; second, with stable steel prices this week, relatively low ferromolybdenum prices, and the approaching May Day holiday, steel companies were more active in tendering for…

Tungsten News
Rare Earth market Update – April 25, 2025 36

Rare earth market update on April 25, 2025 This week, the overall trend in domestic rare earth prices in China showed a widespread decline, primarily due to weak downstream demand, relatively abundant spot market supply, and heightened panic among suppliers. However, supported by strong production cost support and positive development in downstream rare earth industries, suppliers’ willingness to offer discounts decreased toward the weekend. According to CTIA GROUP LTD, this week’s price changes include: praseodymium-neodymium oxide prices dropped by approximately…

Tungsten News
Tungsten: The “Invisible Cultivator” of the Smart Agriculture Era 22

In a smart farm in China, unmanned rice transplanters shuttle through the fields with centimeter-level precision, drones equipped with high-precision navigation systems perform plant protection operations, and intelligent seedling nurseries achieve precise seedling cultivation through environmental control systems. In this agricultural revolution driven by technology, a metal element called tungsten is playing multiple roles, from wear-resistant components in agricultural machinery to additives in smart agricultural films, from sensor materials to AI hardware support. Tungsten is becoming an indispensable “invisible cultivator”…

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